PRESS RELEASE: CBRE Group, Inc. Announces the Sale of 1500 Boston Post Road, Darien, CT

DARIEN, CT – Gene Pride and Jeff Dunne of CBRE’s Stamford, CT office represented a private family trust in the purchase of The Darien Medical Center located at 1500 Boston Post Road, a 18,764±square foot office building that is 100% leased and occupied by Stamford Health Systems. The property sold for $8,350,000 or $445 per square foot by a New York investment advisor.  It was built in 1997 and expanded in 2007 to meet the growing needs of the Stamford Health Systems. 

Gene Pride commented, “CBRE was pleased to represent the purchaser of the Darien Medical Center in this acquisition.  This asset satisfies their long term investment objectives of acquiring high quality buildings in exceptional locations with long term leases in place.”

TAGS: Investment